1. According to data from the China Iron and Steel Association (CISA), in late July, social inventory of five major steel products in 21 cities reached 9.8 million tons, an increase of 180,000 tons, or 1.9%, compared to the previous period.
2. The Guangzhou Futures Exchange (GZFE) issued a market risk warning, noting that there are many uncertainties affecting market operations recently, leading to significant price fluctuations in related commodities. Market participants are urged to strengthen risk prevention, participate in the market rationally and compliantly, and maintain stable market operation.
3. Starting August 24, 2026 (i.e., the continuous trading session on the evening of August 21, 2026), the Shanghai Futures Exchange will launch arbitrage orders. Initially, arbitrage orders will apply to copper, gold, rebar, and natural rubber futures.
4. According to CISA, in the next stage, the steel export license management system will be strictly implemented, adhering to the guidance of "promoting high-end, stabilizing surrounding areas, and strict supervision," strengthening industry self-discipline, and optimizing the export structure.
5. From July 27 to August 2, 2026, global iron ore shipments totaled 33.395 million tons, an increase of 2.549 million tons compared to the previous period. 6. Total iron ore shipments from Australia and Brazil reached 27.37 million tons, an increase of 2.571 million tons month-on-month.
7. According to a Reuters survey, Malaysian crude palm oil production in July is expected to reach 1.76 million tons, a 7.4% increase from June.
8. Data released by Indonesia's Statistics Bureau on Monday showed that Indonesia exported 11.28 million tons of crude and refined palm oil in the first half of this year, a 2.5% increase compared to the same period last year.
9. Brokerage and consulting firm StoneX said on Monday that Brazil's soybean production for 2026/27 is expected to reach a record 183.1 million tons, higher than the previous year's estimate of 182.6 million tons.
10. According to Longzhong Information, as of August 3, 2026: This week, the total inventory of soda ash manufacturers in China was 1.8226 million tons, an increase of 21,900 tons from last Thursday, a rise of 1.22%.
11. According to SMM, the weather in Indonesia's main nickel ore producing areas is generally controllable in the coming week, and the overall impact of weather on nickel ore supply in the coming week is limited. 11. The U.S. Department of Agriculture (USDA) released its weekly and monthly crop progress reports on Monday, showing that as of the week ending August 2, 2026, the U.S. soybean condition was rated 63% good to excellent, below market expectations of 64%, the previous week's 63%, and 69% at the same time last year.
12. U.S. soybean crush volume in June 2026 is projected at 6.53 million short tons (217.8 million bushels), compared to 6.39 million short tons (213.1 million bushels) in May 2026 and 5.91 million short tons (196.9 million bushels) in June 2025.
